You will hear from Chris Bowie from TwentyFour who will introduce Corporate Hybrids (bonds that combine features of both debt and equity) and highlight why companies issue them. Chris will also look at the risks investors should consider when investing in this type of security. Chris will then look at the investment case for the sector and how they can complement fixed income portfolios, before giving a few trade examples
You will hear from Gary Kirk from TwentyFour who will discuss bank capital structure and explain the typical asset and liability structure of a commercial bank. Gary will then give an overview of the implications of recent regulation in the banking sector before explaining what we look for when analysing banking bonds and how we use this sector in fixed income portfolios.